Reinsurance News
MGA
MGA’s, or managing general agents, are important participants in the insurance and reinsurance market landscape.
An MGA, or Managing General Agent, is often thought of as a specialist type of insurance intermediary, acting as an agent of an insurer, but having broader authority than a typical agent or broker. MGA’s undertake functions including underwriting, binding coverage, and even claims management, on behalf of an insurer or reinsurance capital provider. They tend to bridge the gap between insurers and specialised markets, often focusing on niche or complex lines of insurance and reinsurance underwriting business.
Read all our MGA focused insurance and reinsurance news below.
New MGA Elitium enters market with focus on manufacturing businesses & unoccupied properties
6th March 2026
New managing general agent Elitium, incubated by Mission, has launched to provide commercial combined insurance for select trades within the manufacturing sector, and property cover for well-maintained unoccupied residential and commercial properties. Elitium employs a strategy rooted in traditional, expert-led underwriting, the firm explains. This approach relies on genuine communication, expertise, ... Read the full article
SiriusPoint leaning hard into A&H and its MGA ecosystem: CEO Egan
3rd March 2026
Following SiriusPoint’s strong set of results for the full year 2025, CEO Scott Egan discussed what he believes matters most beneath the headline numbers, how he is approaching growth and capital allocation, and why the re/insurer is leaning hard into Accident & Health (A&H) and its MGA ecosystem. SiriusPoint recently ... Read the full article
Delos and ROAR partner to deliver comprehensive disaster risk exposure strategy
2nd March 2026
Delos Insurance Solutions, a property insurance managing general agent (MGA), and ROAR Partners, an investment advisory firm focused on pre-disaster risk exposure mitigation, have entered into a strategic collaboration designed to offer a complete disaster risk exposure strategy for wildfire-prone regions throughout California and the United States. The joint initiative will ... Read the full article
Gen AI could unlock $50-$70bn in insurance revenue, estimates McKinsey & Company
27th February 2026
McKinsey & Company, a management consulting firm, argues that artificial intelligence (AI) represents one of the most significant opportunities for value creation within the insurance industry. In its analysis, McKinsey & Company maintains that the sector’s structural characteristics, including fragmented workflows and extensive repositories of structured and unstructured data, position it ... Read the full article
Delos Insurance Solutions strengthens leadership team amid expansion plans
25th February 2026
Delos Insurance Solutions, a property insurance managing general agent, has made a series of senior leadership changes as it prepares for its next phase of expansion. The company specialises in home insurance solutions, particularly in markets where many traditional carriers have reduced or withdrawn coverage. By combining proprietary wildfire science with ... Read the full article
Bishop Street extends Kalepa partnership to support its London-based MGAs
25th February 2026
Bishop Street Underwriters has expanded its partnership with Kalepa, a specialist in AI-powered underwriting solutions, to support its London-based managing general agents (MGAs), Avid Insurance Services and Landmark Underwriting. Both companies initially partnered in 2024 with the aim of enhancing the insurance platform’s underwriting quality and execution across its MGA operations. Building ... Read the full article
Vistria to capitalise growth in specialty MGA market with Lumen acquisition
23rd February 2026
Lumen Holdings, LLC, a technology-enabled managing general agent (MGA) headquartered in Dallas, Texas, has been acquired by the Vistria Group, LP, a middle market private investment firm. The transaction positions Lumen as a new platform investment within Vistria's Financial Services strategy. This move, Vistria noted, reflects the culmination of several years of ... Read the full article
Reinsurance brokers have to be more multifaceted, says Howden Re’s Flandro
23rd February 2026
In a cycle marked by intense competition and abundant capacity, a “multifaceted” approach is needed from re/insurance brokers in order to meet the needs of modern global buyers, David Flandro, Managing Director, Howden Re’s Head of Industry Analysis and Strategic Advisory, argued in a recent video interview ... Read the full article
Newly launched Pinion hires Fortegra’s Kyle Selvig as US CUO
19th February 2026
Pinion Insurance, a newly formed specialty insurance carrier, has announced the appointment of Kyle Selvig as US Chief Underwriting Officer (CUO), effective immediately. In this commercial role, Selvig will be responsible for building Pinion’s US Managing General Agent (MGA) network, leveraging the company’s proprietary technology to provide distribution partners with in-depth ... Read the full article
Pinion Insurance launches with up to $180m backing from Barings
18th February 2026
Pinion Insurance, a newly formed specialty insurance carrier incorporated in Bermuda and headquartered in London, has officially launched with a preferred equity commitment of up to $180 million from global asset manager, Barings. The new insurer is built on the foundations of Pinion Risk Consulting (PRC), an established data and analytics ... Read the full article
Concirrus launches AI-native underwriting platform
16th February 2026
Concirrus, a specialist insurtech company, has officially launched Concirrus Inspire, an AI-native underwriting platform aimed at helping specialty insurers and managing general agents accelerate their processes while retaining control over underwriting appetite, exposure, and portfolio outcomes. Covering the entire underwriting lifecycle, from submission through binding and beyond, Inspire enables underwriters to ... Read the full article
MGA Polaris Re expands its Construction & Engineering capabilities
6th February 2026
POLARIS Reinsurance Solutions, a Vienna-based managing general agent (MGA), has announced the appointment of Pascal Jaut as Head of Construction & Engineering. Headquartered in Vienna, Polaris Re is a subsidiary of Polaris Corporate Solutions GmbH that focuses on unlocking high-potential markets across Western Europe, Eastern Europe, and the CIS region. “With extensive ... Read the full article
Distinguished expands specialty offerings with new Marine Cargo programme
3rd February 2026
Distinguished Programs, a national MGA and insurance programmes manager, is broadening its specialty footprint with the launch of a Marine Cargo programme led by veteran executive Ralph Salce. The new initiative will offer a full suite of marine cargo solutions, with available coverage addressing global transit exposures, stock throughput arrangements, and ... Read the full article
Vertafore to save hours during program submissions with Surefyre’s expanded AI capabilities
28th January 2026
Vertafore, an insurance technology provider, has introduced new artificial intelligence capabilities in Surefyre, that allow program administrators to automatically convert PDF submission forms into web applications. Acquired by Vertafore in 2024, Surefyre is a low-code agent portal and underwriting workbench platform built to empower managing general agents (MGAs) and wholesalers. Vertafore’s ... Read the full article
SiriusPoint partners with FASE to support the European MGA market
21st January 2026
SiriusPoint, a specialty insurer and reinsurer, has become a member of FASE (Fédération des Agences de Souscription Européennes), the pan-European federation for managing general agents. Founded in 2025, FASE unites MGAs across Europe with insurers, reinsurers, distributors, investors, and service providers. By creating a shared forum for connection and exchange, FASE ... Read the full article
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